THOMAS  J.  MCALLISTER,  CFP
REGISTERED  INVESTMENT  ADVISOR
 
1098 TIMBER CREEK DRIVE #7, CARMEL, IN  46032
PHONE: (317) 571-1112   FAX: (317) 581-1261
 
               
 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Blogs:
Click on a blog below for the complete article.
 
 
 
Welcome to Tom McAllister's blog
 
MAKING CENTS OUT OF THE NEWS
Blog #16-2012          (April 26th, 2012)
Can You Eat Your Yield and Have Inflation Protection, Too?
By Tom McAllister, CFP
 
Last week I discussed two relatively attractive options for investors who desire more income from their investment .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #15-2012          (April 19th, 2012)
Where To For Yield?
By Tom McAllister, CFP
 
With U.S. bond interest rates at historic lows, investing for income is a challenge. Government bonds and CDs are .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #14-2012          (April 12th, 2012)
Ideas on Income Inequality
By Tom McAllister, CFP
 
How concerned should we, as investors, be about income and wealth inequality? The harsh arguments of Washington politicians .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #13-2012          (April 5th, 2012)
Men, Women, and Money
By Tom McAllister, CFP
 
In my career as a financial and investment advisor to clients of both genders, it soon became apparent to me that men and women .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #12-2012          (March 22nd, 2012)
Can Irrational Investment Behavior Be Cured?
By Tom McAllister, CFP
 
My fifty year career as an investment advisor has offered me ample time to observe the behavior of investors. And what I .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #11-2012          (March 15th, 2012)
Hardy, Yet Hardly Robust
By Tom McAllister, CFP
 
The recession, as Ive been saying for months now, has been over for three years, yet only recently have the press and .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #10-2012          (March 8th, 2012)
Exploring the Energy Crisis on a Deeper Level
By Tom McAllister, CFP
 
I am fairly sure the decision makers at General Motors and Ryder Systems do not read my blogs. But both companies .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #09-2012          (March 1st, 2012)
Energy, Energy Everywhere, Nor Any Drop to Fuel
By Tom McAllister, CFP
 
Remember that line from the poem Rime of the Ancient Mariner? Water, water everywhere, nor any drop to drink. Reminds .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #08-2012          (February 23rd, 2012)
Where to from Here?
By Tom McAllister, CFP
 
When it comes to stocks, faith and patience have certainly been rewarded in 2012, thus far at least. Most indices .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #07-2012          (February 16th, 2012)
Wisdom from Warren Buffett
By Tom McAllister, CFP
 
Last week, and many times in past blogs, I have referred to Warren Buffet as the most successful investor of his, and my, time. His .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #06-2012          (February 9th, 2012)
The Unfair Media Fudge on Tax Fairness
By Tom McAllister, CFP
 
When it comes to taxes, its my business to know whats going on, and what I know is that the investing public is being misled by .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #05-2012          (February 2nd, 2012)
Its the Economy, and Were Leery, Not Stupid
By Tom McAllister, CFP
 
The 2.8% annualized growth rate during the last quarter of 2011, more than two and a half years into a recovery, is deeply .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #04-2012          (January 26th, 2012)
Energy Shortage or Environmentalist Scare?
By Tom McAllister, CFP
 
Green? Where energy is concerned, Ive been green for thirty years. Ive invested my own money and that of my clients .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #03-2012          (January 19th, 2012)
Is Europes Economic Crisis Our Problem?
By Tom McAllister, CFP
 
The U.S. stock market remains extremely sensitive to what is going on in the Euro zone, essentially Western Europe. This past .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #02-2012          (January 12th, 2012)
When Mom Needs a Nursing Home
By Tom McAllister, CFP
 
Most of my readers, Im well aware, have substantial means. Most, Im also aware, have either Long Term Care insurance or .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #01-2012          (January 5th, 2012)
Cooling It on Global Warming
By Tom McAllister, CFP
 
Last month at a meeting held in the beautiful warm city of Durban, South Africa, the coalition of countries concerned about global .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #43-2011          (December 22nd, 2011)
Spyglass on the Stock Market
By Tom McAllister, CFP
 
My friends at Frank and Kraft, estate planning attorneys in Indianapolis, provided the inspiration and resource information .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #42-2011          (December 15th, 2011)
Spyglass on the Stock Market
By Tom McAllister, CFP
 
Observations from the recent quarterly newsletter issued by RM Walker Associates are worth sharing with my .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #41-2011          (December 8th, 2011)
Crisis-Insulation for Your Income
By Tom McAllister, CFP
 
The European crisis, Ive little doubt, will ultimately be solved. On the other hand, Im not holding my breath .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #40-2011          (December 1st, 2011)
Dont Tax You, Dont Tax Me, Tax That Rich Fellow Behind The Tree!
By Tom McAllister, CFP
 
I admit to a degree of bias in favor of entrepreneurs. All during my close to half a century in the investment business, Ive targeted .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #39-2011          (November 24th, 2011)
Recession Fears Are You Looking
     for the Boogeyman or Studying the Indicators?
By Tom McAllister, CFP
 
A boogeyman, according to Wikipedia, is an amorphous imaginary being used by adults to frighten children into behaving. Right .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #38-2011          (November 17th, 2011)
Lurching from Pillar to Post
By Tom McAllister, CFP
 
The most appropriate descriptive term for the gait of investment markets this year might be lurching. With 1-3% daily moves .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #37-2011          (November 10th, 2011)
When Inflations Not an If a Lesson from the Arkansas Traveler
By Tom McAllister, CFP
 
Its only a matter of when," not if. Just as soon as inflation again rears its ugly head, it is sure to trigger an end to the thirty .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #36-2011          (November 3rd, 2011)
A Watched Portfolio Can Boil and Burn You!
Bonus - Year End Tax Planning Memo
By Tom McAllister, CFP
 
The stock market, as I am sure readers know, came roaring back in October. Standard and Poors 500 Stock Index gained 10.77%, a .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #35-2011          (October 27th, 2011)
Long Life to You and Your Money!
By Tom McAllister, CFP
 
Its always puzzled me, the way financial planners, in devising retirement planning strategies for clients, tend to project withdrawal .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #34-2011          (October 20th, 2011)
A Reverse Mortgage - Me?
By Tom McAllister, CFP
 
As co-founder of the local Financial Planning Association chapter, I try to attend our quarterly meetings whenever I am in .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #33-2011          (October 13th, 2011)
The Mission and the Challenge
By Tom McAllister, CFP
 
Forgive me, but I couldnt resist. When prominent financial planner and Financial Planning Magazine columnist Deena .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #32-2011          (October 6th, 2011)
Partial Retirement Can Bring Total Rewards
By Tom McAllister, CFP
 
Ever since the first Baby Boomers came on the scene post World War II, 65 has been considered the normal retirement age. As .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #31-2011          (September 22nd, 2011)
Stemming the Financial Illiteracy Epidemic Must Begin at School
By Tom McAllister, CFP
 
Going through the financial reports each day, I attempt to filter out the jargon of which my investment advisory profession is so .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #30-2011          (September 15th, 2011)
Thirteen Could Be a Lucky Number for the Joint Committee
By Tom McAllister, CFP
 
If anyone is suited to offer advice to Congress, it would be my well-respected fellow CFP member Eleanor Blayley, who .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #29-2011          (September 8th, 2011)
Listening to Markets, Not Market Experts
By Tom McAllister, CFP
 
Unexpected seems to be the description the mainstream press applies to bad economic news, observed Jonah Goldberg in a .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #28-2011          (September 1st, 2011)
Life-Jacket Speculation in the Stock Market
By Tom McAllister, CFP
 
Last month at a delightful lunch I shared with two shipmates I met on a transatlantic cruise, the conversation turned to the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #27-2011          (August 25th, 2011)
Will You Travel the Chicken Little Route or take the Templeton/Buffet Highway?
By Tom McAllister, CFP
 
During every one of the past fifty years that Ive spent commenting on the markets and the economy, one thing has alway .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #26-2011          (August 14th, 2011)
1987 All Over Again?
By Tom McAllister, CFP
 
These past two weeks the stock market reminded me more of 1987 than 2008. Following 60 days of sloppy markets .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #25-2011          (August 8th, 2011)
Poor Report Card from S&P
By Tom McAllister, CFP
 
As all my readers surely know by now, last Friday night Standard and Poors, one of the three top debt rating services, did .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #24-2011          (August 4th, 2011)
Not Just Yet!
By Tom McAllister, CFP
 
All the dire talk of a U.S. default, endlessly repeated in the mainstream press, turned out to be (as I knew it would) just .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #23-2011          (July 28th, 2011)
Thoughts On Approaching a Landmark in Investment Management
By Tom McAllister, CFP
 
This coming Monday, August 1, I start my fiftieth year in the investment business. While Ive gained much investmen .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #22-2011          (July 21st, 2011)
You Cant Regulate Crooks
By Tom McAllister, CFP
 
It was no big surprise when, about a month ago, folks from the Indiana Securities division paid me a visit. Regulators come .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #21-2011          (July 14th, 2011)
On the Plus Side of Growing Older
By Tom McAllister, CFP
 
Last week, in my summer issue of One Mans Opinion, I shared some realities with my readers, discussing the way we .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #20-2011          (June 30th, 2011)
United States Stocks Going Home With Who Brung You to the Dance
By Tom McAllister, CFP
 
Investors dance cards offer lots of variety these days. Like most investment advisors, Im asked about the wisdom .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #19-2011          (June 23rd, 2011)
Financial Housecleaning - Sweeping and Keeping
By Tom McAllister, CFP
 
The simple act of ordering new carpet for my newly repainted condominium here in Carmel, Indiana seems to have .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #18-2011          (June 16th, 2011)
THE MCALLISTER NO-SPIN SPIN ON STOCKS
By Tom McAllister, CFP
 
When media personalities with little or no knowledge of stock, bond, or commodities pricing venture financial commentary, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #17-2011          (June 9th, 2011)
United States - Least Worse Place for Investing?
By Tom McAllister, CFP
 
After five straight weeks of a down market, the media was full of gloom and doom this weekend. To hear the pundits tell, all signs .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #16-2011          (June 2nd, 2011)
The Case For Vigilance, Not Mistrust
By Tom McAllister, CFP
 
Enjoying an all-too-brief vacation in Florida last week, I nevertheless used some of the time to catch up on business .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #15-2011          (May 26th, 2011)
Runaway IPOs - Linked In or Unlinked to Reality?
By Tom McAllister, CFP
 
Last weeks highly successful IPO (initial public offering) of stock in for LinkedIn, disturbs me. As an investment veteran .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #14-2011          (May 19th, 2011)
Send In Inflation? Don't Bother, It's Here!
By Tom McAllister, CFP
 
Remember the ballad "Send In The Clowns"? The last line of the song says "Don't bother - they're here!" I think the clowns .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #13-2011          (May 12th, 2011)
ADVISERS WORTH THEIR WEIGHT IN RETIREMENT PLANNING GOLD
By Tom McAllister, CFP
 
As we learned last week, an internal survey of investment clients with $1 billion under management concluded that .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #12-2011          (May 5th, 2011)
You May be Trustworthy; Your Instincts May Not!
By Tom McAllister, CFP
 
"Want To Buy Or Sell? Dont Trust Your Instincts!" This was the title of an article by Paul Sullivan in the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #11-2011          (April 28th, 2011)
Inflation - Coming Detraction or Already Here?
By Tom McAllister, CFP
 
For months now, I've predicted a round of serious inflation, inflation on the order of 6-8%. Our government's policies .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #10-2011          (April 21st, 2011)
Man Does Not Live By Leisure Alone
By Tom McAllister, CFP
 
About 18 years ago, my mother and I were driving from her home in Vincennes, Indiana, where I grew up, to Indianapolis. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #09-2011          (April 14th, 2011)
There When the End Almost Came
By Tom McAllister, CFP
 
You might say your financial planner was there when the end almost came. In Washington, D.C. last Wednesday, Thursday, and Friday .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #08-2011          (February 24th, 2011)
"Just-Right" Regulation
By Tom McAllister, CFP
 
Ever since 1934, the Securities and Exchange Commission has been charged by Congress with protecting the investing .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #07-2011          (February 17th, 2011)
America Into the Poorhouse?
By Tom McAllister, CFP
 
Cable news is full of talk about the rapidly accelerating national debt and what the president and Congress are or are not .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #06-2011          (February 10th, 2011)
Rising Yields a "Downer" for Bonds
By Tom McAllister, CFP
 
A Wall Street axiom for investors is Dont fight the Fed! When Fed Chairman Bernanke engages in a mission to .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #05-2011          (February 3rd, 2011)
Economic Growth Strengthens
By Tom McAllister, CFP
 
With the recovery now eighteen months old, the U.S. economy is slowly picking up speed. Fourth quarter .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #04-2011          (January 27th, 2011)
A Fiduciary Standard For All
By Tom McAllister, CFP
 
Investors have always assumed that their brokers act in their clients best interests; not always has that been the case. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #03-2011          (January 20th, 2011)
Plain Talk Can Calm Turbulent Seas for the QE2
By Tom McAllister, CFP
 
Everyday English is my language of choice, whether in lectures, newsletters, or blogs. Ive been known to criticize some colleagues in .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #02-2011          (January 13th, 2011)
My Answer to Both Questions is Yes!
By Tom McAllister, CFP
 
Along with the late John Templeton, Warren Buffett stands at the top of my Hero list as an astute investor. Both followed .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #01-2011          (January 6th, 2011)
My Top Five Investment Factors of 2010
By Tom McAllister, CFP
 
This first week of the New Year, I am looking back at news stories that seemed to have the greatest impact on investors .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #47-2010          (December 22nd, 2010)
SUMMARY OF NEW TAX LEGISLATION
By Tom McAllister, CFP
 
In view of the substantial and very late impact of the new tax legislation I thought it important to communicate it while you .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #46-2010          (December 16th, 2010)
LAST MINUTE CHORES AROUND YOUR FINANCIAL HOUSE
By Tom McAllister, CFP
 
Put aside the New Years resolutions for the moment there may be some chores to take care of first in .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #45-2010          (December 9th, 2010)
A FINANCIAL SURVIVE ALIVE PROGRAM:
            INTO YOUR NINETIES AND BEYOND!
By Tom McAllister, CFP
 
A favorite author of mine in the financial planning field, Nick Murray, in a recent Financial Advisor Magazine article, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #44-2010          (November 25th, 2010)
COMING DOWN THE HOME STRETCH OF 2010
By Tom McAllister, CFP
 
Each year, around Thanksgiving time, I pull together my financial affairs for the year. Since this allows me to arrange .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #43-2010          (November 18th, 2010)
BECOMING AN EVEN BETTER FINANCIAL GRANDPARENT
By Tom McAllister, CFP
 
With thirty-one years as a grandfather, I now serve as a "Certified Grampa" to no fewer than thirteen grandkids, plus .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #42-2010          (November 11th, 2010)
THE BANK OF MOM AND DAD
By Tom McAllister, CFP
 
Next Monday marks the 73rd anniversary of my arrival on this earth. Like most of us, I am wondering where the years have .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #41-2010          (November 4th, 2010)
INFLATIONS ON ITS WAY
By Tom McAllister, CFP
 
Inflation, in fact rather rampant inflation, seems almost a certainty in coming years. The Federal Reserve continues to flood the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #40-2010          (October 28th, 2010)
To Find Discounts, Go to Walmart - or Wall Street!
By Tom McAllister, CFP
 
Walmart isn't the only discounter, and perhaps not even the biggest one - Wall Street claims that distinction! .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #39-2010          (October 21st, 2010)
On Money and Maturity
By Tom McAllister, CFP
 
The other evening I attended a pizza party in honor of a long-time friend and client. For more than two decades now, this fine lady .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #38-2010          (October 14th, 2010)
RAKING A FINANCIAL PLANNING PATH AMIDST AUTUMN LEAVES
By Tom McAllister, CFP
 
While driving through the lovely fall foliage the other day, I fell to musing about why so many people have such a tough time grasping .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #37-2010          (October 7th, 2010)
Where To Seek Financial Guidance
By Tom McAllister, CFP
 
Standing on the ships deck during my last lecture cruise, looking out over the vast ocean, it occurred to me that private .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #36-2010          (September 22nd, 2010)
The Great Fiduciary Standard Debate
By Tom McAllister, CFP
 
One might suppose there could be no argument about this rule, which is technically called the Fiduciary Standard. In my .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #35-2010          (September 16th, 2010)
CAN MONEY BUY US HAPPINESS?
By Tom McAllister, CFP
 
Some forty years ago, a client from my home town taught me a great lesson about materialism. He owned a dozen hotels and was .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #34-2010          (September 9th, 2010)
WHERE TO FROM HERE?
By Tom McAllister, CFP
 
Steve Forbes, CEO of Forbes Magazine, is #1 among the handful of financial journalists whom I admire and pay attention to. #2 is .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #33-2010          (September 2nd, 2010)
THE TIME LINE AND THE FOUR TRUTHS
By Tom McAllister, CFP
 
Fifty-two years ago this month I began my career as an industrial chemical salesman. Just twenty years old at the time, Id spent the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #32-2010          (August 26th, 2010)
WE WERE GIVEN A REPUBLIC; WE NEED TO KEEP IT!
By Tom McAllister, CFP
 
When asked What have you given us? Benjamin Franklins response was, A republic, madam, if you can keep it! On the same .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #31-2010          (August 19th, 2010)
ARE YOU YOUR OWN WORST ENEMY?
By Tom McAllister, CFP
 
This month marks the 48th anniversary of my entry into the investment business. As I get older I notice I tend to look back upon .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #30-2010          (August 12th, 2010)
The Obama Stimulus Program - I Told You So!
By Tom McAllister, CFP
 
"What part of 'isn't working' don't you understand?" I want to shout, referring yet again to the Obama Administrations Stimulus .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #29-2010          (August 5th, 2010)
Retirement Readiness and Training
By Tom McAllister, CFP
 
In my recent One Mans Opinions summer newsletter, I shared my concerns about the direction this country is taking, with huge .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #28-2010          (July 29th, 2010)
Social Security Fixes?
By Tom McAllister, CFP
 
I do not delude myself that Republican Congressman Boehner, the minority leader in the House of Representatives, is a regular .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #27-2010          (July 22nd, 2010)
DIVERSIFY, BUT KEEP YOUR BALANCE
By Tom McAllister, CFP
 
Asset allocation is often recommended by stockbrokers and financial planners alike, as a means of reducing risk in an investment .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #26-2010          (July 15th, 2010)
Permission for a Fiduciary Standard Regulation is Better Than None;
              Odds for Growth Better Than for Double Dip
By Tom McAllister, CFP
 
The incredibly complicated financial regulatory bill recently produced by Congress offers a victory of sorts for investors. True, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #25-2010          (July 1st, 2010)
GROWING UP AND SMELLING THE COFFEE -
              FINANCIAL SURVIVAL IN RETIREMENT
By Tom McAllister, CFP
 
In no way were we prepared, as youngsters, to answer the question our elders were so fond of asking: What do you want to .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #24-2010          (June 24th, 2010)
Proposed Mark To Market Legislation NOT On The Mark!
By Tom McAllister, CFP
 
Hindsight is 20/20, they say, referring to the ease with which we tend to criticize others past decisions. Repeating those past .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #23-2010          (June 17th, 2010)
LOOKING UP FROM SOUTH FLORIDA
By Tom McAllister, CFP
 
Between Sarasota and Ft. Myers in southwest Florida sits Englewood, where I've spent time each of the past five winters. I've .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #22-2010          (June 10th, 2010)
The Risk or No Deal Retirement Game
By Tom McAllister, CFP
 
When I lecture on cruise ships, the third talk of the series is called Seven Mistakes Retirees Make. I can usually count on .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #21-2010          (June 3rd, 2010)
To Be Or Not To Be a Fiduciary? That is the Question.
Should the Fiduciary Standard Apply All Investment Managers?
By Tom McAllister, CFP
 
Gaining an ear and getting to "yes" are two different things, we FPA members are learning. As my professional .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #20-2010          (May 27th, 2010)
THE GREAT BIG BUT
By Tom McAllister, CFP
 
The best source of portfolio income is in high-quality, dividend-paying common stock - at least that what I was saying two weeks .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #19-2010          (May 20th, 2010)
DON'T DO THIS! DO DO THAT! - PART II
By Tom McAllister, CFP
 
I am indebted to my friend Marv Frank and his associates at the law firm Frank and Kraft of Indianapolis for an enlarged .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #18-2010          (May 13th, 2010)
HIDING IN DIVIDEND-PAYING STOCKS
By Tom McAllister, CFP
 
Like a dozen or so opinions about investing in stock? Just ask a dozen or so different people. But, if you're asking me, dividend-paying .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #17-2010          (May 6th, 2010)
UPDATE ON CHINA
By Tom McAllister, CFP
 
As I write this on Sunday evening, May 2, 2010, at 6:30 PM, the Diamond Princess is sailing out of Qingdao, China, on its way .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #16-2010          (April 29th, 2010)
SUE YOUR INVESTMENT ADVISOR? WHY?
By Tom McAllister, CFP
 
As the economy emerges from the Great Recession, we continue to unearth details about how it happened. How could the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #15-2010          (April 22nd, 2010)
Kicked Upstairs In Honor
By Tom McAllister, CFP
 
All modesty aside, I think it proper to call my readers attention to a recent honor that came my way. As of a week ago, not .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #14-2010          (April 15th, 2010)
SLEIGHT-OF-HAND ACCOUNTING HURTS EVERYONE
By Tom McAllister, CFP
 
Fast-and-loose accounting has been a way of life on Wall Street. Sleight of hand techniques have included off-balance sheet .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #13-2010          (April 8th, 2010)
Look Behind the Headlines
By Tom McAllister, CFP
 
Wall Street has been on a tear! As we watch the market approach recovery highs, we at McAllister Financial remain optimistic about .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #12-2010          (March 25th, 2010)
Stocks in the New Health Care Act Era
By Tom McAllister, CFP
 
Momentous? Historic? Life-changing for Americans? The stock market didn't think so, responding earlier this week to passage of .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #11-2010          (March 18th, 2010)
ASSET ALLOCATION AND REBALANCING - TRIED AND STILL TRUE
By Tom McAllister, CFP
 
Back in the winter of 1962, at Merrill Lynch Training Class, what they taught us was - diversify, diversify, diversify. Down through the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #10-2010          (March 11th, 2010)
UPDATES AND AFTERTHOUGHTS
By Tom McAllister, CFP
 
In the spirit of this season of devotion to detail (this is a time for filling out tax forms and cleaning out closets), Ive decided .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #09-2010          (March 4th, 2010)
SNOWBIRD INVESTING - IS IT TIME?
By Tom McAllister, CFP
 
Now in my fifth winter as a "snowbird" in southwest Florida, I look back to my snowbird "debut" in December, 2005, at precisely the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #08-2010          (February 25th, 2010)
A BLANKET FIDUCIARY STANDARD? IT'S ABOUT TIME!
By Tom McAllister, CFP
 
You wouldn't know it from the press, but Congress has been working on a few things other than health care, energy, and jobs. One .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #07-2010          (February 18th, 2010)
HOW WE SABOTAGE OUR PORTFOLIOS
By Tom McAllister, CFP
 
It's not new, by any means, and the wonder is, it keeps happening. Pathetic is the only way to describe investors' self-sabotage .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #06-2010          (February 11th, 2010)
IS THIS THE NEW NORMAL?
By Tom McAllister, CFP
 
I am no longer in daily touch with the institutional investor market to the extent I was in the 1970s as Robert W. Bairds Indiana manager. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #05-2010          (February 4th, 2010)
Dont Do This! DO Do That!
By Tom McAllister, CFP
 
I will never forget the seniors retreat I attended at a Catholic Church in Cocoa Beach, Florida a number of years ago. Dont .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #04-2010          (January 28th, 2010)
NEW DECADE, NEW/OLD QUESTIONS
By Tom McAllister, CFP
 
As we finish the first month of the 120 months of this new decade, I would like to offer my answers to questions at least some people .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #03-2010          (January 21st, 2010)
MANAGING EXPECTATIONS AND HERDING CATS
By Tom McAllister, CFP
 
Expectations (reminiscent of those old saying about the difficulty of herding cats) tend to be difficult to manage. Nowhere .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #02-2010          (January 14th, 2010)
SEE MORE SCENERY AND ENHANCE PORTFOLIO INCOME , TOO!
By Tom McAllister, CFP
 
Whoever coined that wry saying Unless you're the lead dog, the scenery never changes might have been referring to stock .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #01-2010          (January 7th, 2010)
A FINANCIAL PLANNING CAREER MARKED BY COMMUNICATIONS
By Tom McAllister, CFP
 
It's a temptation just too difficult to resist - I must begin the new decade (and my 2010 blog series) with some personal reminiscing. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #49-2009          (December 24th, 2009)
OFF INTO THE SUNSET - CONGRESS AT ITS IRRESPONSIBLE WORST
By Tom McAllister, CFP
 
When I talk of Congress being at its irresponsible worst, you might imagine I'm referring to the Health Reform Act, but I'm .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #48-2009          (December 17th, 2009)
WHERE DOES THE FED GO FROM HERE?
By Tom McAllister, CFP
 
Ever since the financial crisis struck the U.S. economy in the fall of 2008, as I pointed out in several earlier blog posts, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #47-2009          (December 10th, 2009)
CURB YOUR APPETITE FOR A FREE LUNCH!
By Tom McAllister, CFP
 
This blog post comes to you from sunny Florida, world center of the free lunch and seminar. With the annual emigration .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #46-2009          (December 3rd, 2009)
TOO MUCH ADO ABOUT DUBAI,
       TOO LITTLE ABOUT INVESTMENT MANAGEMENT
By Tom McAllister, CFP
 
"Enlightened leadership, a high-quality educational system, a dominant middle class, and a benevolent government combine .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #45-2009          (November 25th, 2009)
IS THE TRIED STILL TRUE?
By Tom McAllister, CFP
 
The world is beginning its recovery from a terrible economic scare. It's time, I think, to examine whether the "tried" is still .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #44-2009          (November 19th, 2009)
SCOUNDRELS IN GREEN HATS
By Tom McAllister, CFP
 
Investing in eco-friendly enterprises has become very popular in recent years. So-called green investments are stocks, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #43-2009          (November 12th, 2009)
WHOS GETTING KILLED BY INCENTIVE OVERKILL?
By Tom McAllister, CFP
 
The warning has gone out to the wirehouses. In a recent letter, SEC chairman Mary L. Schapiro informed broker-dealer .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #42-2009          (November 5th, 2009)
OUR PAINT-BY-THE-NUMBERS ECONOMY
By Tom McAllister, CFP
 
Your doctors just declared youre on the mend, predicting youll feel better by next week. Presto! You feel better right now. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #41-2009          (October 29th, 2009)
RECESSION, ALIVE OR DEAD?
By Tom McAllister, CFP
 
The big economic news is in, echoing what I've been saying in my blog since May, namely - THE RECESSION IS OVER! In fact .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #40-2009          (October 22nd, 2009)
PLEASE DONT PLUCK THE GOLDEN GOOSE!
By Tom McAllister, CFP
 
I am concerned for the owners of U.S. private businesses and therefore for the economy in our country. Fresh in my memory is .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #39-2009          (October 15th, 2009)
CHINA SYNDROME
By Tom McAllister, CFP
 
Its been just four days since I returned from Beijing, and, at 2:30 in the morning, badly jet-lagged, Im contemplating the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #38-2009          (October 8th, 2009)
Another Third Rail?
By Tom McAllister, CFP
 
The program is going broke! Changes are needed to save benefits for our children and grandchildren! Theyre .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #37-2009          (September 23rd, 2009)
TOO- LITTLE-TOO-LATE BILL HAS LOTS OF SILVER LININGS
By Tom McAllister, CFP
 
When it comes to the Obama Stimulus Bill, I've been fairly outspoken concerning my reservations about its effectiveness, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #36-2009          (September 17th, 2009)
OUR FINANCIAL SYSTEM: WALKING THE FINE LINE TOWARDS A FIX
By Tom McAllister, CFP
 
Reining in a horse gone wild without harming or unseating the rider - that might be a good description of the job facing Congress .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #35-2009          (September 10th, 2009)
EMBRACING CHANGES IN SOCIAL SECURITY
By Tom McAllister, CFP
 
Baby Boomers and their parents differ fundamentally in financial attitudes, according to several articles I read recently. Most .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #34-2009          (September 3rd, 2009)
HEDGE FUNDS JUST A LITTLE TOO EDGY FOR COMFORT
By Tom McAllister, CFP
 
In investment terminology, to hedge means to manage risk. In theory, hedge funds, which were extremely popular prior to last falls .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #33-2009          (August 27th, 2009)
WHAT A DIFFERENCE A DEFINITION MAKES!
By Tom McAllister, CFP
 
Financial news from both from Wall Street and Washington, D.C. is more upbeat these days. At the same time, the effects of the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #32-2009          (August 20th, 2009)
NARROW FRAMING IS BAD FOR PEOPLE AND PORTFOLIOS
By Tom McAllister, CFP
 
Specialists in the new field of "behavioral finance" caution investors to avoid the behaviors and nonproductive thought processes .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #31-2009          (August 13th, 2009)
THE HIGH COST OF HIGH HORSE INVESTING
By Tom McAllister, CFP
 
I remember Grandma warning us to "get off our high horses and get back to reality". She was apparently a pioneer in her thinking. Today .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #30-2009          (August 6th, 2009)
SLIGHTLY DOWN IS THE NEW UP FOR NOW
By Tom McAllister, CFP
 
"Not yet great, but better than expected" was the diagnosis in the latest government report on our economy, which sank just 1% in .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #29-2009          (July 30th, 2009)
TWO FOR THREE ON RE-MELTDOWN PREVENTION
By Tom McAllister, CFP
 
Last fall, in the midst of the systemic meltdown of the U.S. credit system, I called for certain changes in regulation that I thought could interrupt the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #28-2009          (July 23rd, 2009)
CHANGE I CAN'T BELIEVE IN
By Tom McAllister, CFP
 
President Obama has been in office six months. Until now, I have refrained from criticizing him in these blogs, believing every new administration deserves .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #27-2009          (July 16th, 2009)
GETTING THROUGH RETIREMENT WITH GRACE, HEALTH AND CASH
By Tom McAllister, CFP
 
The biggest risk facing retirees is the very risk they most often ignore. The good news: a man in good health at 65 can expect to live .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #26-2009          (July 9th, 2009)
VOLATILITY - THE DEVIATIONS WE LOVE TO HATE
By Tom McAllister, CFP
 
Anyone who thinks it's easy to turn off our emotions when making decisions about our money had better think again. Even Nobel .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #25-2009          (June 25th, 2009)
FINANCE RULE OVERHAUL: THE PRESIDENT'S PLAN
By Tom McAllister, CFP
 
President Obamas comprehensive plan to reform regulation of the financial markets has been called "sweeping", as indeed it is, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #24-2009          (June 18th, 2009)
THIEVES AND SCOUNDRELS UPDATE
By Tom McAllister, CFP
 
The lead story on 60 Minutes this past Sunday related to Bernie Madoff. Having pleaded guilty to defrauding investors, Madoff .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #23-2009          (June 11th, 2009)
INVESTMENT SELECTION IS NO PERFECT PROCESS!
By Tom McAllister, CFP
 
Two icons of U.S. business have been deleted from the Dow Jones Industrial Average. The editors of the index have replaced .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #22-2009          (June 4th, 2009)
SPENDING LIKE A FRUGAL MILLIONAIRE
By Tom McAllister, CFP
 
I have always been proud to describe myself as thrifty, having learned frugality at the knee of my mother, Vera, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #21-2009          (May 28th, 2009)
ARE WE "PRINTING" RUNAWAY INFLATION?
By Tom McAllister, CFP
 
Ever since last September, the Federal Reserve Board's printing presses have been running overtime in a frenzied effort to slow the economy's descent. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #20-2009          (May 21st, 2009)
YOU CANNOT HEDGE THE WORLD
By Tom McAllister, CFP
 
Paul Volker, former head of the Federal Reserve Board and current Obama advisor, said it best: You cannot hedge the world. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #19-2009          (May 14th, 2009)
STOCK OPTIONS - IT'S ALL IN THE WAY YOU USE THEM
By Tom McAllister, CFP
 
Think stock options are a speculator's game, too risky-too hot to handle? Think again. Option strategies exist that can actually take risk .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #18-2009          (May 7th, 2009)
RUN, DON'T WALK, TOWARDS THE LIGHT AT THE END OF THE TUNNEL
By Tom McAllister, CFP
 
Much ink has been squandered on financial market commentary to the effect of "Things are different .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #17-2009          (April 30th, 2009)
CUM GRANO SALIS IS THE WAY TO TAKE NEGATIVE NEWS
By Tom McAllister, CFP
 
There are several explanations for the origin of the phrase "take it with a grain of salt". Etymologists trace the expression back to Pompey's discovery, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #16-2009          (April 23rd, 2009)
A PARTIAL RETURN TO COMMON SENSE
By Tom McAllister, CFP
 
The Financial Accounting Standards Board, responding to pressure from Capitol Hill lawmakers, finally returned to common sense territory relative .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #15-2009          (April 16th, 2009)
I AM NOW PART OF THE PROBLEM
By Tom McAllister, CFP
 
I returned last week from a very successful twelve-day cruise on the Tahitian Princess, where I delivered six lectures. Average attendance at each .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #14-2009          (April 9th, 2009)
CAPITALISM - ALIVE AND WELL IN DUBAI
By Tom McAllister, CFP
 
Earlier this week I spent a delightful three days in Dubai , part of the United Arab Emirates. Enlightened leadership, a high-quality educational system .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #13-2009          (March 26th, 2009)
SPROUTS, STIMULI, AND SAGES
By Tom McAllister, CFP
 
On my daily walks here in central Indiana , I'm beginning to notice green sprouts and even a few flowers. Economic gurus seem to be noticing signs of sprouting. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #12-2009          (March 18th, 2009)
MARK TO THE MARKET IS DEAD! LONG LIVE THE UPTICK!
By Tom McAllister, CFP
 
The stock market rallied last week, and, of course, there's no end to the punditry as to the "why" of it all. One reason, I believe, is that a "technical .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #11-2009          (March 12th, 2009)
SITTING OUT BY SITTING IN
By Tom McAllister, CFP
 
Get me out! Sell everything! I hate stocks!
That's the attitude that triggers selling climaxes on Wall Street. Investors "give up" on stocks and rush .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #10-2009          (March 3rd, 2009)
IN THE DARK BEFORE THE DAWN
By Tom McAllister, CFP
 
For the past four years, I have been able to fulfill one of my life goals by becoming a "snowbird", wintering in Southwest .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #9-2009          (February 24th, 2009)
IN THE FACE OF THE STORM, STAY CALM!
By Tom McAllister, CFP
 
The economic recession is upon us in full force. This is not the first time our society has experienced this, nor .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #8-2009          (February 19th, 2009)
ARE WE STIMULATED YET?
By Tom McAllister, CFP
 
Congress passed the new stimulus bill last week and it's been signed by President Obama. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #7-2009          (February 12th, 2009)
BOOMER-ANGST
By Tom McAllister, CFP
 
For several years I have been an occasional contributor to "BOOMER-ING", an on-line magazine, which I've read with interest for all .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #6-2009          (February 5th, 2009)
ONLY SO MUCH JUICE IN THE ORANGE
By Tom McAllister, CFP
 
The latest in the Scoundrels and Thieves department (in my January 22 blog I discussed three individuals who managed to swindle .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #5-2009          (January 29th, 2009)
BLOWING BUBBLES WITH THE HERD
By Tom McAllister, CFP
 
Smart people still "herd", I've concluded, and herding behavior still leads in only one direction - investment bubbles. .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #4-2009          (January 22nd, 2009)
SCOUNDRELS, THIEVES, AND HANGAR TALK
By Tom McAllister, CFP
 
As if the Bernard Madoff Ponzi scheme" scandal weren't enough, two weeks ago news broke about Marcus Schrenker .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #3-2009          (January 15th, 2009)
BACK TO THE FUTURE WITH CASH FLOW CONTROL
By Tom McAllister, CFP
 
An article in the December issue of the Journal of Financial Planning caught my eye. In our daily .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #2-2009          (January 8th, 2009)
THROW OUT THE BATHWATER, NOT THE BABY!
By Tom McAllister, CFP
 
The Madoff scandal, coming hard on the heels of last fall's market collapse, seems almost too much to bear. Bernie Madoff .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #1-2009          (January 1st, 2009)
A YEAR WITHOUT RMD'S - IT'S A GOOD THING
By Tom McAllister, CFP
 
This week President Bush signed legislation suspending, at least through 2009, mandatory distributions .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #23-2008          (December 18th, 2008)
THE OTHER SIDE OF THE INFLATION COIN
By Tom McAllister, CFP
 
With each new infusion of dollars into the U.S. economy by our government, I believe, the likelihood of inflation increases. In .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #22-2008          (December 11th, 2008)
SCARY MAY BE THE NEW SAFE!
By Tom McAllister, CFP
 
Pump air into tires or money into the credit system, and what do you get? Inflation! Its inevitable -the recent influx of .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #21-2008          (December 4th, 2008)
OBAMA BEGINS TO SHOW HIS CARDS
By Tom McAllister, CFP
 
We are now seeing the first signs of how President-elect Barack Obama will govern. In the face of the financial credit crisis .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #20-2008          (November 23rd, 2008)
ONE THINGS FOR CERTAIN: THE MARKET HATES UNCERTAINTY
By Tom McAllister, CFP
 
Uncertainty drives us humans mad! We like knowing where we stand, what is going on, and what is likely to happen. Even if .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #19-2008          (November 20th, 2008)
OVER-STIMULATED AND CAN'T SLEEP?
TAKE TWO BAILOUT PILLS; CALL CONGRESS IN THE MORNING!
By Tom McAllister, CFP
 
The Congressional cavalry's on the march once more, hatching plans for at least one more stimulus package to get the .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #18          (November 13th, 2008)
CHICKEN LITTLE'S NOT INVITED
By Tom McAllister, CFP
 
In recent weeks it may have felt as if "the sky is falling". Looked at from my perspective, though, things are not nearly .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #17          (November 6th, 2008)
AND THE CURE FOR LOW STOCK PRICES IS.
By Tom McAllister, CFP
 
Commodity traders like to say The cure for high prices ishigh prices. This old adage has proven .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #16          (October 30th, 2008)
RE-ARMING REGULATION DUH!
By Tom McAllister, CFP
 
When someone makes a big production out of saying something that goes without saying, Duh! may be the only .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #15          (October 23rd, 2008)
AH, GOVERNMENT! LOOK BACK IN HUMOR
By Tom McAllister, CFP
 
I don't make jokes. I just watch the government and report the facts. (OK, I wish I'd said that, but truth be told, it's a quote .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #14          (October 16th, 2008)
PRAISE THE LORD AND PASS THE AMMUNITION
By Tom McAllister, CFP
 
No doubt about it now, Im afraid. Its here, that dreaded recession on which we wasted so many TV sound bite .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #13          (October 9th, 2008)
FLIGHT - OR FIGHT?
By Tom McAllister, CFP
 
Scientific research is pretty clear that, when we are under severe stress, our brains aren't interested in reality, .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #12          (October 3rd, 2008)
WHA HAPPENED?????
By Tom McAllister, CFP
 
Steve Forbes agrees with me, I was gratified to learn. And, since the CEO of Forbes Magazine is #1 among the few journalists .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #11          (September 23rd, 2008)
IT'S THE LIQUIDITY, STUPID!
By Tom McAllister, CFP
 
Chaos? Yes. Economic crisis? No. Is the $700 billion government emergency proposal really a "bailout"? Not .... (click for more)
 
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MAKING CENTS OUT OF THE NEWS
Blog #10          (September 20th, 2008)
RULES GONE WRONG
By Tom McAllister, CFP
 
As the Music Man would say, "We've got trouble, trouble, trouble". Much of the trouble in the U.S. financial .... (click for more)
 
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Blog #9          (September 17th, 2008)
LEVERAGE COMES BACK TO BITE
By Tom McAllister, CFP
 
There's an old English saying that comes to my mind given this week's news: He who borrows .... (click for more)
 
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Blog #8          (September 12th, 2008)
HORMONES TRUMP SUPPLY-AND-DEMAND
 
A basic rule in financial planning is the Law of Supply and Demand. We've all be taught the theory: When demand for something is greater .... (click for more)
 
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Blog #7          (September 5th, 2008)
THE NEW RETIREMENT MODEL: NEVER QUIT!
 
A recent survey highlighted in the news showed that more than half the "Baby Boomer" generation expect to work on .... (click for more)
 
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Blog #6          (August 29th, 2008)
WHO'S BIDDING NOW?
        AUCTION RATE SECURITIES UNDER SCRUTINY
 
Auction rate securities, a really good idea turned bad, have been making news lately, and quite a number of big-name Wall .... (click for more)
 
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Blog #5          (August 22nd, 2008)
Can You Take That To The Bank?
 
Is the old saying "The bigger, the better!" a good standard when it comes to banks? With talk of bank failures making the news .... (click for more)
 
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Blog #4          (August 15th, 2008)
WHO'S AFRAID OF RECESSION?
        STAGFLATION COULD BE THE WORRY NOW!
 
August is anniversary month for me. August 1, 1962 I started in the investment business. My own firm, McAllister .... (click for more)
 
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Blog #3          (August 8th, 2008)
IS THE FANNIE MAE/ FREDDIE MAC BAILOUT BAD NEWS?
 
All the news you've been hearing about Fannie and Freddie is not about spouses or siblings. The Federal National Mortgage .... (click for more)
 
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Blog #2          (August 1st, 2008)
INFLATION'S ON THE RADAR AGAIN
 
"Price Index Soars 1.1% In June", the headline informs us, "the highest monthly increase since .... (click for more)
 
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Blog #1 (introduction)
WHY A BLOG ON "MAKING CENTS OUT OF THE NEWS"?
By Tom McAllister, CFP
 
Every quarter or so, for over thirty years, I've been sharing ideas about the financial markets .... (click for more)
 
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